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The point here is that the country and government don't have to actually fail here to fail paying the debts. The debt ceiling rules and the behaviour of the Rep
by fabian2k 3y ago
The point here is that the country and government don't have to actually fail here to fail paying the debts. The debt ceiling rules and the behaviour of the Republican party make it a plausible outcome that the US decides to simply not pay their debts at some point in the future.
- jakeinspace 3y agoExcept that the federal government is likely conditionally required to pay its debts.
- actionfromafar 3y agoEh, how? The fed government opened slightly the door to “we can but won’t” territory.
- willcipriano 3y agoDemographics are going to prevent paying back the debt eventually. The line will stop going up and our kids aren't going to be willing to pay for our wars.